Discovery Communications New (DISCK) Shareholder Olstein Capital Management LP Lifted Its Stake

Marco Green
April 8, 2018

Weitz Investment Management Inc. now owns 1,241,300 shares of the company's stock worth $26,278,000 after buying an additional 500,000 shares during the last quarter. Howard Capital Management who had been investing in Intel Corp for a number of months, seems to be bullish on the $228.34B market cap company. The stock decreased 1.18% or $0.45 during the last trading session, reaching $37.7. Motco owns 110,535 shares. FMC Corporation (NYSE:FMC) has risen 22.51% since April 7, 2017 and is uptrending. It has underperformed by 33.08% the S&P500.

The holdings In Discovery Communications New (DISCK) was upped held by Olstein Capital Management Lp. Following the completion of the transaction, the insider now directly owns 33,463 shares of the company's stock, valued at $756,598.43. The hedge fund held 318,780 shares of the consumer services company at the end of 2017Q4, valued at $6.75 million, up from 102,290 at the end of the previous reported quarter. The stock decreased 2.49% or $2.79 during the last trading session, reaching $109.09. About 1.27M shares traded or 5.90% up from the average. It is down 27.22% since April 7, 2017 and is downtrending. It has outperformed by 12.44% the S&P500.

Investors sentiment is 1.09 in Q4 2017. Its down 0.05, from 0.92 in 2017Q3. 65 funds opened positions while 148 raised stakes. Homrich Berg invested 0.17% of its portfolio in Intel Corporation (NASDAQ:INTC). State Board Of Administration Of Florida Retirement Systems stated it has 516,228 shares. Caprock Gp Inc invested in 3,355 shares or 0.06% of the stock. (NYSE:JPM) shares were sold by Petno Douglas B. Erdoes Mary E. sold $7.31 million worth of JPMorgan Chase & Co. First Personal Ser invested 0.04% in CBS Corporation (NYSE:CBS). (NYSE:PE). Broadview Ltd Limited Liability Company stated it has 0.87% of its portfolio in Parsley Energy, Inc. Cubist Systematic Strategies Ltd Liability Corporation reported 70,700 shares. Violich Cap holds 0.25% or 21,336 shares. Hanseatic has invested 0.06% of its portfolio in JPMorgan Chase & Co. Bb&T has 0.06% invested in Discovery, Inc. Hoertkorn Richard Charles invested 0.01% of its portfolio in Archer-Daniels-Midland Company (NYSE:ADM). Greenwich Wealth Management Lc owns 115,453 shares or 0.89% of their USA portfolio. (NASDAQ:DISCK) by 12.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission.

Among 32 analysts covering Discovery Communications (NASDAQ:DISCA), 8 have Buy rating, 2 Sell and 22 Hold. Therefore 81% are positive. Discovery Comms had 21 analyst reports since October 11, 2017 according to SRatingsIntel. (NYSE:RSE) earned "Buy" rating by Canaccord Genuity on Monday, August 24. On Friday, April 7 the stock rating was maintained by Barclays Capital with "Overweight".

Cheyne Capital Management (Uk) Llp holds 10.23% of its portfolio in Discovery, Inc. for 1.11 million shares. The rating was maintained by Topeka Capital Markets on Monday, January 18 with "Buy". Five research analysts have rated the stock with a hold rating, Discovery Communications now has a consensus rating of "Hold" and a consensus price target of $29.00. Piper Jaffray maintained the shares of ADM in report on Tuesday, October 31 with "Hold" rating. The company was maintained on Wednesday, August 12 by Oppenheimer. Moffett Nathanson cut Discovery Communications from a "neutral" rating to a "sell" rating and reduced their price objective for the stock from $31.00 to $21.00 in a research note on Tuesday, September 27th.

Several equities analysts have recently commented on DISCA shares. Sold All: 74 Reduced: 172 Increased: 121 New Position: 93. 419.48 million shares or 0.49% more from 417.42 million shares in 2017Q3 were reported. Scholtz & Ltd Limited Liability Company, a Connecticut-based fund reported 66,960 shares. Perella Weinberg Prtn Capital Management L P, a New York-based fund reported 9,988 shares. Bridgewater LP accumulated 191,669 shares or 0.04% of the stock. Discovery Communications Inc. has a 1-year low of $14.99 and a 1-year high of $29.18. (NASDAQ:DISCA) on Thursday, January 5 to "Underweight" rating. White Pine Ltd Liability Corp accumulated 51,458 shares. Bahl Gaynor invested in 29,273 shares. Nokomis Cap Limited Company holds 4.58% in Discovery, Inc. Dubuque National Bank & Trust And Co has invested 0% in Discovery, Inc. The correct version of this piece of content can be viewed at public-employees-retirement-association-of-colorado-sells-2460-shares-of-discovery-communications-inc-disca/1224926/.

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